Magali Lovell-Pascal

It’s nothing unusual for many business owners to worry over #tax and #Bookkeeping ..do you? @MagsBookkeeping are here to put your mind at ease! Mags Bookkeeping and Office Management Solutions based in #Ruthin began in 2009 with founder Magali Lovell-Pascal.

HMRC alerts on travel claim mistakes HMRC warns secondees about common mistakes in travel and accommodation claims on self-assessment. Check your 2025-26 tax return carefully now. #TaxRelief #HMRC #WorkTravel tinyurl.com/3nubrw78

Tax Rates on Savings and Property Income Set to Rise From April 2027, savings and property income tax rates rise sharply. Personal allowance stays the same while dividend rates remain unchanged. Stay prepared. #TaxUpdate #Budget2026 #Finance tinyurl.com/ft8m53t3

HMRC flags common CIS filing errors HMRC warns contractors of frequent Construction Industry Scheme errors — check CIS deduction rates and material listings carefully before filing or amending returns. #CIS #HMRC #Construction tinyurl.com/355f5b83

Trading Allowance Set to Triple in 2027 The Trading Allowance rises from £1,000 to £3,000 from April 2027, meaning less tax hassle and potentially lower bills for many small traders across the UK. #Tax #Budget2026 #Trading tinyurl.com/3kzmjk36

Minimum Wage Rates Rise in 2027 Minimum wage rates rise from April 2027: over-21s get 50p more hourly, younger workers see increases while youth recruitment concerns hold bigger jumps back. #MinimumWage #LivingWage #UKJobs tinyurl.com/49mp6vtf

Pensions Added to Inheritance Tax from 2027 Pensions will count towards Inheritance Tax from April 2027. Personal reps and beneficiaries share responsibility. Review your estate plans now to prepare. #InheritanceTax #Pensions #EstatePlanning tinyurl.com/3rt7c5jb

Fuel Duty Cut Extended to Help Drivers Fuel duty cut extended till mid-2027 with better mileage rates and cheaper public EV charging to ease costs for drivers and commuters alike. #FuelDuty #EVCharging #Transport tinyurl.com/3vdm2ffp

HMRC Enforces Fines on Marketplaces HMRC clamps down on online marketplace operators with fines for late, missing, or incorrect tax reports starting October 2026. Compliance is now essential. #TaxLaw #HMRC #Ecommerce tinyurl.com/329rym6t

HMRC targets major company shareholders on tax returns HMRC warns major company shareholders to check their 2025-26 self-assessment returns carefully to avoid potential tax issues by the 31 January 2027 deadline. #HMRC #TaxUpdate #CompanyShares tinyurl.com/mpxcuj5p

Plastic Packaging Tax updates ahead Plastic Packaging Tax rules from April 2027 add new ways to track recycled plastic use and tighter record-keeping. This will impact manufacturers and importers directly. #PlasticTax #Recycling #Sustainability tinyurl.com/2s45facf

New Advance Assurance Paths for SME R&D Claims SMEs get new options to secure advance assurance on R&D tax claims, targeting complex or first-time submissions with tailored support from HMRC now. #RandD #TaxRelief #SMEs tinyurl.com/huauv3us

HMRC Speeds Up NI Refunds HMRC is speeding up National Insurance refunds. If you get a letter, check the details carefully and respond to claim what's yours. Stay alert to scams. #HMRC #NationalInsurance #TaxNews tinyurl.com/8mbbe6ez

Real-Time Payroll Reporting Starts 2027 Employers must report certain benefits in real time from April 2027. Changes impact company cars, medical benefits, and more. Prepare payroll now. #Payroll #Tax #Business tinyurl.com/48tfksum

UK–India National Insurance exemptions update UK–India temporary workers: some can keep their social security exemption for 52 weeks. Indian workers in UK no certificate needed. UK workers in India must apply. #SocialSecurity #UKIndia #Employment tinyurl.com/2w6thdz5

HMRC issues fresh tax notices on savings interest HMRC is sending tax notices for 2025-26 savings interest. You may get multiple letters if they update your tax info. Check any new notifications now. #HMRC #Tax #Savings tinyurl.com/ybs75rvv

Crypto tax alerts for investors Crypto transactions like swaps and spending could trigger capital gains tax. Keep records and check reporting rules to avoid surprises with HMRC. #crypto #tax #HMRC tinyurl.com/jycdy2ud

HMRC tax debt update: Rising recovery and support HMRC reports £42.8bn of tax debt outstanding amid stronger recovery efforts and tailored support for struggling taxpayers across the UK. Find out what this means. #Tax #HMRC #Finance tinyurl.com/2erfsstc

Pension tax traps to watch for Pension income and lump sums can affect your tax rate unexpectedly. Know how all your earnings combine to avoid surprises at tax time. #Tax #Pensions #Finance tinyurl.com/4946sm86

Child Benefit Tax Payment Option Expands If you pay the Child Benefit tax charge, you may now switch to PAYE for payment, avoiding self-assessment. Check if you qualify before 2027 deadline. #ChildBenefit #Tax #HMRC tinyurl.com/5xh9cz3m

Education providers may reclaim VAT after court ruling A Court of Appeal ruling opens the door for some education providers to claim VAT refunds, pending HMRC's Supreme Court appeal decision. #education #VAT #legalnews tinyurl.com/2s5a4ky9